Tuesday, May 1, 2018

Rupee’s sad destiny of one-way journey to depreciation


When the Government took power in January 2015, the Central Bank’s Monetary Board

as well as the Minister of Finance behaved as if there was no economic crisis



Sudden fall in the value of the rupee

logo Tuesday, 1 May 2018

The recent media reports have been abuzz with a sudden fall in the value of the Sri Lanka rupee against the US dollar, the benchmark currency used by Sri Lanka to quote the external value of its currency.